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Mickey Rourke Boxed Into Debt?

Ding! Ding! Is it true that boxer and Oscar nominee Mickey Rourke rang up $70K in therapy bills?!

That rumor has some endurance! The actor admitted to Barbara Walters in her upcoming annual Oscar special that he didn't have the scratch to pay his therapist for 14 years! That's really being up against the ropes!

According to Rourke, his therapist said he wouldn't have agreed to non-payment for anyone else, because he knew Mickey would eventually pay him back.

Sadly, the champ's best friend for the past 18 years, his Chihuahua-Terrier "Loki," passed away yesterday.